And do not forget to keep copies of your tax return information and documentation. "These are the type of people who we believe leave money on the table, and we encourage them to file". Filing for a federal extension doesn't automatically extend state tax filing deadlines, so you'll also have to ask for a state extension as well. The number of people audited by the IRS in 2016 dropped for the sixth straight year, to just over 1 million. All you need to do is fill out Form 4868 and then file it by the tax filing deadline. The form must be mailed to the IRS with a postmark on or before April 18. But if you can't, file an extension. When mailing checks, carefully follow tax form instructions. But if you need more time to file state taxes, too, note that getting a federal tax extension doesn't mean that the deadline to submit your state taxes is also extended.
If it comes down to it, you can request a filing extension. Additionally, a late payment penalty may be charged if you do not pay at least 90% of the taxes you owed in the prior year by the regular due date, she said. Those who make $54,000 or less, the elderly, anyone with disabilities or who speaks limited English can also use the Volunteer Income Tax Assistance program, which offers free tax help as well. You must provide relevant tax information and indicate that the payment is for a tax-filing extension using one of the IRS-approved methods of payment.
It's possible to get the automatic extension without filing IRS Form 4868. Requesting direct deposit of a state tax refund is convenient and enables the taxpayer to access their money faster.
Taxpayers who do not qualify for any of the three special situations described above can still receive an extension for filing their 2016 tax returns.
Gifford: Online tips to prove you filed.
The "Protecting Americans from Tax Hikes Act" says no credit or refund for an over-payment of taxes can be made to a taxpayer before February 15th if the taxpayer claims the Earned Income Tax Credit or Additional Child Tax Credit on their return.
IRS tax help hotline: 800-829-1040. Simply click which language you would like to hear it in. Generally, the IRS will never contact you via email or phone; they will contact you by mail.
IRS call center professionals take great care to make certain that they only discuss your personal information with you or someone you authorize to speak on your behalf.
Check (and recheck) to make sure you have all the documentation you need. Credit Karma, the credit monitoring platform, launched a free tax preparation product this year.
While you're scrambling to put your expenses in order for Tax Day, keep track of expenditures that you might be able to do without.